Message from the

LPFA Management TEam

Supporting Louisiana’s economic resilience and vitality, the Louisiana Public Facilities Authority (LPFA) has remained steadfast in serving local communities for 49 years. As we enter a new era of executive leadership, our team remains committed to our mission and our focus: Louisiana.

In 2023, the LPFA issued more than $664 million in bonds to finance capital improvements in healthcare, higher education and environmental sustainability. Through our longstanding partnerships with Tulane University of Louisiana and Loyola University in New Orleans, the LPFA financed over $290 million for projects to provide housing and support to the next generation of Louisiana’s workforce.

We helped to finance key upgrades and improve access to state-of-the-art healthcare equipment and facilities in partnership with Louisiana Children’s Medical Center totaling over $100 million. Improving the environmental quality of the state’s resources through reclamation was also made possible through our financing partnerships with ElementUS and WastePro USA.

The LPFA continues to support college-bound students and families through its education division, the Louisiana Education Loan Authority (Lela). Lela provides students and families with responsible borrowing options through its LelaCHOICE supplemental loan programs. Lela also offers scholarships and free remote assistance for completion of the Free Application for Federal Student Aid (FASFA). In 2023, Lela assisted over 20,000 students and families through its programs and services.

Throughout our history, we understand that maintaining strong partnerships with business, industry, and the higher education community are vital to our success. Across the state, we look forward to continuing our efforts to make our state a better place to live and work for the people of Louisiana — our focus.